GAO Urges DOD To Re-Evaluate $7B Missile Program

Law360, New York (October 14, 2010, 3:44 PM EDT) -- The U.S. Government Accountability Office is asking the Department of Defense to re-assess its plan to move forward with production of a $7 billion Air Force joint cruise missile program, citing limited options for containing the still-rising price tag on the already costly missile system.

The GAO on Wednesday released its assessment of the Air Force's Joint Air-to-Surface Standoff Missile program's cost and effectiveness, requested by Congress as the DOD prepares to take an ax to its budget in order to achieve its goal of reducing...